ARROW INVESTMENT ADVISORS, LLC Information

6100 CHEVY CHASE DR, LAUREL, Maryland, 20707, (301) 260-2934

Report Date: 12/31/2014

Position Statistics

Total Positions 67
New Positions 9
Increased Positions 17
Decreased Positions 50
Positions with Activity 67
Sold Out Positions 9
Total Mkt Value (in $ millions) 539

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 0.2%
Capital Goods
Conglomerates 0.19%
Consumer Cyclical
Consumer/Non-Cyclical
Energy 2.67%
Financial 94.25%
Healthcare
Services 1.77%
Technology
Transportation 0.34%
Utilities 0.39%

67 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
VANGUARD INDEX FDS GROWTH ETF 56,460 -1,908 (3.27) 523,167
ISHARES TR COHEN&STEER REIT 42,985 23,182 117.06 437,373
SELECT SECTOR SPDR TR SBI HEALTHCARE 36,593 231 .63 499,289
ISHARES TR 7-10 Y TR BD ETF 35,323 -2,841 (7.45) 324,125
VANGUARD BD INDEX FD INC SHORT TRM BOND 34,568 -1,352 (3.77) 429,097
VANGUARD INDEX FDS MCAP GR IDXVIP 33,090 33,090 New 307,330
SELECT SECTOR SPDR TR TECHNOLOGY 25,330 348 1.39 610,792
SELECT SECTOR SPDR TR SBI INT-FINL 24,472 24,472 New 1,014,159
POWERSHARES ETF TRUST HI YLD EQ DVDN 23,455 23,455 New 1,744,780
VANGUARD INDEX FDS VALUE ETF 23,221 -106 (0.46) 275,388
WISDOMTREE TR TOTAL DIVID FD 23,213 -126 (0.54) 310,411
FIRST TR LRGE CP CORE ALPHA FD COM SHS 22,614 343 1.54 482,795
SPDR SERIES TRUST DJ REIT ETF 22,534 -146 (0.65) 245,902
ISHARES TR US HLTHCARE ETF 20,333 397 1.99 130,651
ISHARES TR U.S. TECH ETF 18,835 873 4.86 179,624
ISHARES TR U.S. FINLS ETF 18,574 18,574 New 209,188
ISHARES TR CHINA LG-CAP ETF 9,515 -5,366 (36.06) 190,188
ISHARES MSCI HONG KG ETF 8,889 8,889 New 381,017
ISHARES MSCI STH AFR ETF 8,502 -3,792 (30.84) 121,541
ISHARES MSCI TAIWAN ETF 8,261 -4,044 (32.87) 523,835